Both Sides of the Table

JULY 23, 2014

Just 3 years ago there was talk of institutional investors “not being able to write small enough checks.” From a technology perspective our journey is nowhere near over. ” The new narrative is “will my seed funds be able to fund the prorata of their winners?” The iPhone was released.

Technical Review 398

Technical Review Venture Capital Valuation Pre-Money Valuation 398

Steve Blank

JUNE 15, 2011

A tech bubble is the rapid inflation in the valuation of public and private technology companies that exceeds their fundamental value by a large margin. Today, the signs of the new bubble are the Linked-In initial public offering (IPO), Facebook’s stratospheric valuation and the rapid rise of early-stage startup valuation.

Silicon Valley 330

Silicon Valley Stealth Valuation Mississippi 330

Both Sides of the Table

OCTOBER 1, 2009

There’s no doubt (at least anecdotally) that the pace of VC investments in early-stage technology companies has picked up in the past few months. IPOs and M&A have returned – and with them the investment bankers have staged a rebound. – IPO-able in any normal market. Notice that I didn’t say “social networking.”

IPO 255

IPO Investment Bankers Venture Capital Marketing 255

Steve Blank

JUNE 17, 2011

My esteemed colleague Ben Horowitz essentially makes four arguments : 1) look at how relatively cheap Apple, Google and Amazon stock is compared to their growth; 2) Major technology cycles tend to be around 25 years long with the bulk of the purchases occurring in the last five-to-ten years. The Shills are the middlemen in a bubble.

Investment Bankers 316

Investment Bankers Stock Valuation Venture Capital 316

David Teten

JANUARY 10, 2012

17, on “How Investors Are Increasing Their Returns Through Collaboration and Technology”. Panel 1 – How Social Investing is Disrupting Traditional Investing in Public Securities. Howard Lindzon is Co-Founder and CEO of StockTwits, a social network for traders and investors to share real-time ideas and information.

Technical Review 128

Technical Review Technology North Carolina Switzerland 128

Both Sides of the Table

MAY 23, 2012

The movie, “The Social Network” might have had more of an impact on creating future entrepreneurs than any other event of the past 5 years. IPO markets had burned an entire cycle of retail stock investors and many institutional investors to boot. I believe it’s truly morning in the technology sector.

Venture Capital 347

Venture Capital Technical Review LP Mobile 347